A quick look into the current activity there shows 15 Active, 4 Pending and 11 sold the first 3 months this year. Not too bad, but not great either. Hot areas have more Pendings than Actives at any given time. When Pending/Active numbers are about even, that’s a good strong market. When there are a lot more for sale than Pending, as in this case, it means Buyers have a lot to pick from.

Lowest/Highest list prices so far this year are $129K/$245K. Avg sold this year so far is $175K with price per square foot ranging from $80 to $114.

If you send me your property addresses (from our contact page) I’ll be happy to run a CMA for you and let you know what the current values are for your particular homes.
Steve

Sorry, I don’t have a 2004/2005 comparison. But I do know the market was just starting to come out of a 4-year flatline in 2005, so there wouln’t be anything exciting to see.

Steve

I don’t know of any zipcode sorted data. As far as appreciation trends, what do you want to know that isn’t contained in the 2005/2006 summary that I posted here?
http://crosslandteam.com/200612-mls-sale-compare.pdf

Steve

I personally wouldn’t buy in Pflugerville, but that doesn’t mean it wouldn’t work out for you. To me, there’s just too much new construction going on there and nearby, and properties can be hard to lease. You also have to deal with IH35.

For $180K to $220K, I’d stay in South, SW, or West Austin. If you need help, contact us.

Thanks
Steve

Also, I’ve noticed that excluding minor outlying areas of the MLS system will show a greater drop in solds and and a somewhat higher avg. price. I think areas like Hutto, Manor and Bastrop have a lot of turnover but not much appreciation due to the constant foreclosures.

All the data has to looked at together. That’s why I tried to create a chart that allows that. For example, if an area has rising prices, but the avg square footage is also rising and the price per sqft is staying the same or falling, then the rising prices don’t necessarily mean what they might first appear to mean.

The Austin Statesman led off there main real estate market article yesterday with “Hutto is Hot” because the number of sales is up 60% over last year. But when you look at the numbers, that’s only a couple hundred additional sales (354 to 565). Big deal – one new subdivision alone could generate 200 new sales in a year. That doesn’t make “Hutto Hot”. It is a growing, emerging area, but not what I would call “hot” when you look at the other numbers.

Anyway, that’s my take on it and how I look at these stats – sort of all together and in context. No one piece of data can tell the whole story.

Steev